How to Close or Cancel IndusInd Credit Card?

Navigating the financial landscape often involves making decisions such as closing or cancelling a credit card. If one is wondering how to close their IndusInd bank credit card, we’ve put together a detailed guide to assist everyone.

Understanding the IndusInd Credit Card Cancellation Policy

Before venturing into how to deactivate our IndusInd credit card, it’s important to familiarise oneself with the bank’s cancellation policy. Clearing all outstanding balances and dues is a crucial requirement set by the bank before proceeding with the cancellation. It’s always a good idea to go through our cardholder agreement or get in touch with customer service for any clarification.

If someone is looking for a new credit card with some outstanding offers, discounts and benefits then opting for the Airtel Credit Card might prove fruitful. Here are the steps if one wants to apply for the same: 

1.We need to either visit the website or download the Airtel Thanks App and look for the ‘Shop’ section.

2.Once you have done that, navigate to ‘Airtel Finance’ section and click on the credit card banner.

3.This is the most important step as this will make sure we get our card quickly. Fill in the form and finish KYC to complete the application process.

4.Submit these documents and the credit card will be delivered. 

Also Read: What are the Different Types of Credit Cards

Steps on How to Close IndusInd Bank Credit Card

The very first step to close your IndusInd bank credit card is to ensure there aren’t any pending dues. Once our balance is settled, we can initiate the cancellation process, either by reaching out to the bank’s customer service or by visiting the nearest IndusInd bank branch.

Here we will discuss the various methods we can adopt to close an IndusInd credit card:

Via Customer Service: The direct way to close an IndusInd credit card is to call the bank’s customer service and proceed with the steps. We will have to provide our card details and request the representative to initiate the process to close the IndusInd Bank credit card.

Via Email or Online: Email is another feasible option to request the closure of the credit card. We can draft an email with all the necessary card details and send it to them. It’s a handy way for us, especially when exploring how to deactivate the IndusInd credit card. We can also visit the website or the banking app to cancel our credit card. 

Via Postal Mail: If one is wondering how to cancel the IndusInd credit card, sending a written request via post is a method one should consider. We will need to address the letter to the Manager of the Credit Cards Division and send it to the postal address. This method works best for senior citizens as there are times they are unable to visit the bank or have difficulty understanding the online method. 

Visiting a Branch: For those of us who prefer a face-to-face interaction, can visit their nearest IndusInd Bank branch. We can discuss with a bank representative, provide our credit card details, and request them to close the credit card IndusInd Bank.

Regardless of the method we choose, it’s crucial for us to ensure any outstanding balance on the card is settled before initiating the cancellation process. After we’ve requested how to close the IndusInd Bank credit card, we should follow up with the bank to confirm the process has been successfully completed. It’s always a good practice to retain any reference numbers or confirmation messages for future reference.

Things to Consider When You Plan to Close Credit Card IndusInd Bank

Remember that closing a credit card could potentially impact one’s credit score. It can influence our credit utilisation ratio, which plays a significant role in determining our credit score. Therefore, it is essential to weigh the pros and cons before we decide on how to close our IndusInd credit card.

Also Read: Best Credit Cards for Beginners in India

How to Clear Outstanding Balances before Cancelling

Clearing our outstanding balance is a necessary step when planning how to cancel our IndusInd credit card. One can accomplish this by making payments through net banking or cheque or by directly visiting an IndusInd bank branch. Make sure all dues, including EMIs and charges, are cleared before cancellation.

Contacting IndusInd Bank’s Customer Service for Card Cancellation

After ensuring all dues are paid, we can contact IndusInd Bank’s customer service to request card cancellation. It’s important to note the reference number of our request for any future communications.

Confirming the Cancellation of Your IndusInd Credit Card

Once we have placed the cancellation request, keep an eye on the email and postal mail for a written confirmation of the cancellation. If this does not arrive within a reasonable time, we need to follow up with the bank’s customer service. 

In conclusion, understanding how to close or cancel our IndusInd Credit Card is a straightforward process once we understand the steps involved. Always remember to consider the potential impact on the credit score and ensure all dues are cleared before proceeding with cancellation.